All the headlines from our Reinsurance Topic Page, ordered by recency.
Sep 14 2015 // The world’s largest reinsurers and brokers see little relief in pricing in 2016 amid a relentless influx of alternative capital from pension funds and one of the past decade’s quietest years for catastrophe...
Sep 11 2015 // A prolonged decline in global reinsurance prices is spurring merger moves in the sector, with many executives attending next week’s annual industry meeting in Monte Carlo eyeing who might next become predator or...
Sep 11 2015 // Executives at Dan Loeb’s reinsurer, which is headed for its second-straight annual decline in New York trading, told investors not to count on a quick rebound in the industry as competition...
Sep 10 2015 // Markel Corporation and CATCo Investment Management Ltd. announced they have entered into an agreement whereby Markel will acquire substantially all of the assets of CATCo, a Bermuda-based specialist in insurance linked...
Sep 10 2015 // In its most recent Reinsurance Market Report Willis Re, the reinsurance division of Willis Group Holdings plc, notes: “Faced with significant over-capacity and widespread pricing pressure, the growth in global...
Sep 9 2015 // French reinsurer SCOR Group held its annual Investor Day in Paris that included an overview of the implementation of the company’s strategic plan “Optimal Dynamics” in its first two years.SCOR’s...
Sep 9 2015 // Global reinsurer capital totaled $565 billion at June 30, 2015, a reduction of two percent relative to the end of 2014 that was driven by strengthening of the U.S. dollar, according to the latest edition of the Aon...
Sep 9 2015 // Amlin Plc’s $5.3 billion takeover by a Japanese competitor has put the remaining four publicly traded Lloyd’s of London insurers in the spotlight for a possible takeover.Beazley Plc, Hiscox Ltd., Lancashire...
Sep 8 2015 // Xuber, Xchanging’s insurance software business, has published a survey, which concludes that almost three-quarters (71 percent) of insurance executives believe a UK exit from the European Union would be bad for...
Sep 7 2015 // Representatives from Florida’s Citizens Property Insurance Corp. delved into and defended their rate filing for 2016, which included significant increases in many Florida regions, before the Florida Office of...
Sep 7 2015 // In a 25-year span leading up to 2005, homeowners insurers in Louisiana wrote a total of $13 billion in homeowners insurance premium, from which they earned $1 billion in profit, according to the chief actuary at the state...
Sep 7 2015 // I recently listened to an insurance company executive give a discombobulated, “woe is me” speech to a room of agents who were largely ignorant of carriers’ financial success.To summarize his presentation:...
Sep 7 2015 // Lloyd’s international casualty reinsurance underwriters are running the risk of repeating the same mistakes that have placed the market in difficulty in the past, according to a new poll of Lloyd’s reinsurance...
Sep 7 2015 // If one word could describe Lloyd’s of London, it would be “change.” There are very few business enterprises that have stayed in business as long as Lloyd’s – 327 years. It has survived wars,...
Sep 7 2015 // Steve DeCarloNow that traditional reinsurers are adjusting to the idea that third-party capital providers have moved into their space, managing general agents (MGA) may be next to feel the negative impact of new capital,...
Sep 4 2015 // Major tier 1 reinsurers stand to benefit most from a changing reinsurance market and mounting competitive pressures, while small mono-line companies will be the hardest-hit, according to a reinsurance report published by...
Sep 3 2015 // The reinsurance market is operating in a new reality of abundant capacity from traditional and alternative sources, low interest rates and thinner reinsurance margins, driven by intense competition against shrinking demand...
Sep 3 2015 // Standard & Poor’s Ratings Services has released a report – “Discipline Is Necessary As Reinsurers Adjust Their Exposure To Catastrophe Risk” – that examines diverging attitudes to...
Sep 1 2015 // Two of the property/casualty insurance industry’s ratings entities – Fitch and Standard & Poor’s – do not see eye-to-eye on whether reinsurance price declines are moderating.Fitch sees the downward...
Sep 1 2015 // Qatar Reinsurance Company LLC (Qatar Re) has announced its intention to transfer its seat of incorporation from the Qatar Financial Centre to Bermuda, during the fourth quarter of 2015. The move is subject to regulatory...